The Gini coefficient measures the inequality among values of a frequency distribution (for example levels of income). A Gini coefficient of zero expresses perfect equality where all values are the same (for example, where everyone has an exactly equal income). A Gini coefficient of one (100 on the percentile scale) expresses maximal inequality among values (for example where only one person has all the income).
Using this measure, Malaysia ranks 39th in the WORLD and is 3rd most unequal nation in ASIA! We have a huge GAP between the rich and poor. Our rich are very rich and our poor, very poor!
If placed in EUROPE, Malaysia is the most unequal nation. We definitely will not “fit” here.
If placed here, Malaysia ranks 17th out of 47 nations in AFRICA. Perhaps we fit better here in terms of inequality compared to ASIA and EUROPE?
If placed here, Malaysia ranks 19th out of 26 nations in SOUTH AMERICA. Perhaps we fit better here in terms of inequality compared to ASIA and EUROPE?
10,173 total views, 1 views today